Abstract This report on macroeconomic policies in Australia, explains predictions and recommendations for the continuation of economic stability. The purpose of fiscal and monetary policies is to aim and achieve different macroeconomic objectives for the Australian economy. These objectives of low rate of inflation, little to no unemployment and stable rates of economic growth are achieved by strict management of the Reserve Bank of Australia and the Federal Budget. Table of Contents Abstract 2 Introduction 4 Current macroeconomic policies in place in Australia 5 Fiscal policy 5 Monetary policy 6 Macroeconomic Management in Australia 7 Unemployment..7 GDP Growth.8 Inflation9 Trade�......

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